PXP Energy Corp. narrowed its core net loss in January to September, citing slightly higher crude oil prices, improved production volumes from its Galoc operations, and reduced overhead costs as primary drivers.

SP New Energy Corp. (SPNEC) has reached 73-percent completion in the development of its flagship Terra Solar Project, a solar initiative set to become one of the world’s largest integrated renewable energy and storage power plants.

The New Naia Infra Corp. (NNIC) said on Thursday it has implemented measures to ensure continuous water supply at Ninoy Aquino International Airport (Naia) Terminal 3, amid the planned water service interruption by Maynilad Water Services Inc.

The Department of Science and Technology (DOST), Devcon Philippines, and De La Salle University (DLSU) have signed a tripartite agreement aimed at capturing a share of the P500-billion climate resilience market through the development of climate techn...

THE Land Transportation Office (LTO) on Sunday announced an extension for the use of temporary or improvised plates for motor vehicles, pushing the deadline to December 31. 

Budget carrier Cebu Pacific has added a new turboprop aircraft to its fleet, allowing it to boost inter-island connectivity.

UBX Philippines Corp., the digital transformation services arm of the Aboitiz Group, has partnered with health maintenance organization (HMO) MediCard Philippines Inc. to “democratize” healthcare access through digital financial solutions.

GLOBAL supply chain issues continue to ground the jets of legacy carrier Philippine Airlines (PAL), prompting it to lease two wide-body planes from a European carrier.

The Philippine Ports Authority (PPA) has issued the notice to proceed to International Container Terminal Services Inc. (ICTSI) for the development and operations of the Iloilo Commercial Port Complex (ICPC), which has been renamed to Visayas Containe...

TRANSPORT groups Piston and Manibela announced on Thursday a two-day strike set to commence on April 15, in protest against the government’s handling of the Public Utility Vehicle Modernization Program (PUVMP).

Globe Telecom Inc. claimed over the weekend that it maintained its stronghold in the Philippine mobile market, positioning itself as “the undisputed leader” in the industry with a 54.7-percent mobile revenue market share (RMS) in 2023.

LOGISTICS firm United Parcel Service Inc. (NYSE: UPS) announced last March 21 its investment commitments in Asia Pacific at more than $250 million since last year include its expansion of operations at the Clark International Airport (CRK).

Globe Telecom Inc. on Monday said it has completed major enhancements to its SIM registration channels, fortifying its commitment to customer identity protection initiatives.

THE Maritime Industry Authority (Marina) and the Department of Science and Technology-Philippine Council for Industry, Energy, and Emerging Technology Research and Development (DOST-PCIEERD) have renewed their partnership on research and development f...

THE International Container Terminal Services Inc. (ICTSI) announced last Monday its Mexican subsidiary Contecon Manzanillo (CMSA) has set a record in January, after handling 20,400 TEUs of rail cargo.

FINNISH supply-chain solutions provider Relex Solutions Oy announced last Monday it has launched an “advanced AI-driven in-store mobile app” that targets local retailers looking to consolidate their many in-store tools and processes. 

As Filipinos have consistently claimed the title of the top viewers of adult content in Pornhub for the past four years, Kasperksy has taken on the role of educator—teaching Pinoys how to navigate NSFW (not-safe-for-work) and NSFL (not-safe-for-life) ...

THE National Telecommunications Commission (NTC) has surpassed its 2023 revenue collection target by more than 50 percent, as it strengthened the enforcement of compliance among various stakeholders within the telecom sector.

The AirAsia Group plans to make Manila its “hub to the United States” as it adopts a “multi-hub strategy” with the planned consolidation of its airline businesses across Southeast Asia.

The Department of Transportation (DOTr) argued over the weekend that industry consolidation is essential for the success of the Public Utility Vehicle Modernization Program (PUVMP).

The DMCI Power Corp. (DPC) is investing $12 million in its onshore wind project on Semirara Island, home of the biggest coal reserve in the Philippines.

The Manila Electric Co. (Meralco) has announced the lowest bidders for its 1,800-megawatt (MW) power supply requirement.

The government assured on Friday that there will be no transport crisis come 2024, as it provides a month-long grace period for unconsolidated public utility vehicles (PUV) to continue their operations. The caveat, however, is that they will no longer...

THE Department of Transportation (DOTr) aims to award the P170.6-billion Naia Privatization deal by February 15, according to a ranking government official.

After a challenging period caused by the pandemic, the Philippines is back on the international cruise tourism map, according to the Philippine Ports Authority (PPA). 

THE Ayala Group’s renewable energy (RE) arm ACEN Corp. is injecting some P12.87 billion in six different subsidiaries to fund power projects across the Philippines.

PROJECTIONS point to positives for the Globe Group in 2024, as it cited on Thursday key developments in its data-center operations and the introduction of its electric vehicle (EV) subsidiary.

Nlex Corp. said on Wednesday it is enhancing expressway services during peak periods for a safer and more convenient travel along the North Luzon Expressway (Nlex) and the Subic-Clark-Tarlac Expressway (Sctex).

Globe Telecom Inc. said on Wednesday its digital healthcare service unit KonsultaMD has entered into a landmark partnership with Ciudad Medical Zamboanga (CMZ) to bring “cutting-edge healthcare services” closer to Zamboanga City residents.

Filipino conglomerate Filinvest Development Corp. and French energy company Engie SA have launched four sustainable energy initiatives through their joint venture companies, encompassing a total of 13.68 megawatts (MW) of solar energy and 11,400 refri...

SHOULD the government remain relentless in refusing to extend the deadline for industry consolidation, it is effectively “staging a nationwide transport strike” that could potentially paralyze the Philippines in 2024.

Globe Telecom Inc. on Sunday said its cloud and AI engineering unit Cascadeo has integrated generative AI into its cloud management platform dubbed Cascadeo AI.

Light Rail Manila Corp. (LRMC) said on Thursday it is piloting the implementation of QR and beep lanes at select Light Rail Transit (LRT) Line 1 stations.

VERZONTAL Builders Inc., one of the joint venture partners in the P3.14-billion Land Transportation Management System (LTMS) project of the Land Transportation Office (LTO), plans to file another round of civil and criminal complaints against German i...

THE Department of Information and Communications Technology (DICT) announced it has teamed up with ComClark Network and Technology Corp. to provide digital access to more than 2,000 geographically isolated and disadvantaged areas (GIDA) across the cou...

BUDGET carrier Philippines AirAsia Inc. announced last Tuesday it was hailed as the “most punctual airline in Southeast Asia” by aviation analytics group LNRS Data Services Ltd. (trading as Cirium).